The Bond Market Is Really Good

Since April, when the inflation numbers started to run really hot, a sequence of lower highs on these bond yields failed rallies. And every time there's a two, three day pop in the rates immediately given back, this is a very clear downtrend now. It still arguably could be a Fibonacci retracement, like a mean reverting correction of that huge bond bear that we had since the summer of last year. But you know what, at this stage, clearly the bond sellers are nowhere to be found at this stage. I wonder whether there's money just coming in here as a safe haven thing.